Form St-16 - Annual Report Of Manufacturer'S Purchase Credit Earned Page 2
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1
2General Information
What is the Manufacturer’s Purchase Credit?
If you create your own certifi cation, that certifi cation must be
dated and include
If you make tax-exempt purchases of manufacturing or graphic
•
arts machinery and equipment, you are eligible to receive a
your name and address,
•
credit. This credit, called the Manufacturer’s Purchase Credit
the purchase date,
•
(MPC), can be applied against state sales or use tax on future
your Illinois account ID number,
•
purchases of production-related tangible personal property
the MPC you are applying, and
•
(including purchases by a manufacturer, graphic arts producer,
a statement that you are satisfying all or part of the Illinois Use
or lessor who rents or leases the use of the property to a
Tax or Service Use Tax liability (not to exceed 6.25 percent of
manufacturer or graphic arts producer). This production-related
the purchase price) with your accumulated MPC.
tangible personal property includes items related to research and
You may incorporate your own certifi cation into your purchase
development.
order or you may use Form ST-16-C. If you use Form ST-16-C,
you must keep the bottom portion of the certifi cate and provide
How do I earn and report the credit?
the top portion to the seller. The seller then reduces the amount
To earn and report this credit, you must complete and fi le
of Illinois Sales or Use Tax due up to 6.25 percent. You use your
Form ST-16, Annual Report of Manufacturer’s Purchase Credit
portion of Form ST-16-C to complete Form ST-17, Annual Report
Earned, no later than June 30 of the year following the calendar
of Manufacturer’s Purchase Credit Used.
year in which you made the original purchase of exempt
You may also use the MPC to satisfy use or service use tax
manufacturing or graphic arts machinery and equipment. If you
liability that you owe on purchases of production-related tangible
do not fi le within this period, you forfeit the credit.
personal property from suppliers not registered in Illinois.
All unused Manufacturer’s Purchase Credit expires the last day of
However, you must write the total amount of MPC you are using
the second calendar year following the year in which you made
on Line 16a of your Form ST-1, Sales and Use Tax Return. You
the purchase.
must also complete Form ST-17.
How do I use this credit?
Note: You may not transfer the credit to another party.
When you purchase any production-related tangible personal
Where can I get help?
property, you must certify to your supplier that you have MPC
You may get help by
available to satisfy all or part of your state use or service use tax
liability. You may use Form ST-16-C, Manufacturer’s Purchase
•
visiting our web site at tax.illinois.gov or call weekdays between
8 a.m. and 5 p.m. at 1 800 732-8866 or 217 782-3336. Call
Credit Certifi cate, or equivalent certifi cation.
1 800 544-5304, our TDD (telecommunications device for the
deaf).
• writing to
ILLINOIS DEPARTMENT OF REVENUE
PO BOX 19015
SPRINGFIELD IL 62794-9015
Specifi c Instructions
Step 1: Identify your business
Column B - Multiply the amount in Column A by 6.25 percent
(.0625) and write the result. This is the amount of tax that would
Lines 1, 2, and 3 - Write your business name, address, and
have been due if the item you purchased had not been exempt.
telephone number.
Column C - Multiply the amount in Column B by 50 percent (.50)
Line 4 - Write your Illinois account ID number. If you do not have
and write the result. This is the amount of MPC earned for the
an account ID number, check the box and write your FEIN in the
purchases reported in Column A.
space provided.
Totals - Add Lines 1 through 12 in Column A, and write the result
Line 5 - Write the year for which exempt purchases were made.
on the total line. Add Lines 1 through 12 in Column C, and write
This report is due by June 30 of the year following the calendar
the result on the total line.
year in which you made the purchases. For example, the report
for purchase year 2009 is due on or before June 30, 2010.
Step 3: Sign below
Sign your name, and write your telephone number and the date
Step 2: Identify exempt purchases
(Do not round
on the lines provided. If this form is completed by a paid tax
your fi gures.)
preparer, the preparer must also sign the appropriate line and
If you do not complete each column for each applicable line, we
complete the requested information. Mail this form to:
will reduce or deny your credit.
SALES TAX PROCESSING DIVISION
Column A - Write the total purchase price of all exempt
ILLINOIS DEPARTMENT OF REVENUE
manufacturing machinery and equipment or graphic arts machinery
PO BOX 19034
and equipment you purchased for each month listed. This is the
SPRINGFIELD IL 62794-9034
amount that would have been taxable if it had not been for the
manufacturing or graphic arts machinery and equipment exemption.
If you did not make a purchase, write “$0”.
ST-16 back (R-12/10)
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